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Young workers‟ overeducation and cohort effects in “P.I.G.S.†countries versus the Netherlands: a pseudo-panel analysis

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  • Emanuela Ghignoni

Abstract

According to theoretical and empirical evidence young workers are more likely to be overeducated than adult ones, especially in countries where the educational attainments of young people grow quickly and the school-to-work transition is difficult and/or lengthy. Nonetheless, if overeducation were expected to disappear during working life, it would not be a crucial problem. To test the transitory nature/persistence of this phenomenon, firstly, I estimated overeducation using the competences frontier method and, later, I studied the “destination†of different cohorts of workers by applying a pseudo-panel technique to Eurostat data referring to European Mediterranean countries and the Netherlands.

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Bibliographic Info

Paper provided by University of Rome La Sapienza, Department of Public Economics in its series Working Papers with number 147.

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Length: 40
Date of creation: Oct 2011
Date of revision:
Handle: RePEc:sap:wpaper:wp147

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Keywords: overeducation; transitoriness; youth employment; cohort effects; returns to education;

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  1. Giorgio Di Pietro & Andrea Cutillo, 2006. "University Quality and Labour Market Outcomes in Italy," LABOUR, CEIS, vol. 20(1), pages 37-62, 03.
  2. Bruce D. Meyer & Dan T. Rosenbaum, 1999. "Welfare, the Earned Income Tax Credit, and the Labor Supply of Single Mothers," NBER Working Papers 7363, National Bureau of Economic Research, Inc.
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  4. Ghignoni Emanuela, 2009. "Temporary Contracts, Employees' Effort and Labour Productivity: The Evidence for Italy," Economia politica, Società editrice il Mulino, issue 2, pages 279-314.
  5. D. Verhaest & E. Omey, 2004. "The impact of overeducation and its measurement," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 04/215, Ghent University, Faculty of Economics and Business Administration.
  6. Van de Ven, Wynand P. M. M. & Van Praag, Bernard M. S., 1981. "The demand for deductibles in private health insurance : A probit model with sample selection," Journal of Econometrics, Elsevier, vol. 17(2), pages 229-252, November.
  7. Ordine, Patrizia & Rose, Giuseppe, 2011. "Inefficient self-selection into education and wage inequality," Economics of Education Review, Elsevier, vol. 30(4), pages 582-597, August.
  8. Emanuela Ghignoni, 2001. "Frontiere di competenza overeducation e rendimento economico dell’istruzione nel mercato del lavoro italiano degli anni ’90," Rivista di Politica Economica, SIPI Spa, vol. 91(6), pages 115-158, July-Augu.
  9. Kumbhakar,Subal C. & Lovell,C. A. Knox, 2003. "Stochastic Frontier Analysis," Cambridge Books, Cambridge University Press, number 9780521666633.
  10. Di Pietro, Giorgio & Peter Urwin, 2003. "Education and Skills Mismatch in the Italian Graduate Labour Market," Royal Economic Society Annual Conference 2003 59, Royal Economic Society.
  11. Duncan, Greg J. & Hoffman, Saul D., 1981. "The incidence and wage effects of overeducation," Economics of Education Review, Elsevier, vol. 1(1), pages 75-86, February.
  12. P. J. Sloane & H. Battu & P. T. Seaman, 1999. "Overeducation, undereducation and the British labour market," Applied Economics, Taylor & Francis Journals, vol. 31(11), pages 1437-1453.
  13. Patrizia Ordine & Giuseppe Rose, 2009. "Overeducation and Instructional Quality: A Theoretical Model and Some Facts," Journal of Human Capital, University of Chicago Press, vol. 3(1), pages 73-105.
  14. Emanuela Ghignoni & Gabriella Pappadà, 2009. "Flexicurity analysis of youngsters in Europe: the role of "capabilities" and human capital," QUADERNI DI ECONOMIA DEL LAVORO, FrancoAngeli Editore, vol. 2009(90), pages 145-177.
  15. Jacob A. Mincer, 1974. "Schooling, Experience, and Earnings," NBER Books, National Bureau of Economic Research, Inc, number minc74-1, October.
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Cited by:
  1. Emanuela Ghignoni & Alina Verashchagina, 2012. "Educational qualifications mismatch in Europe Is it demand or supply driven?," Working Papers 154, University of Rome La Sapienza, Department of Public Economics.

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